Indonesia: Directors and Officers

Indonesia's Government Regulation No. 38 of 2026 introduces significant reforms to state-owned enterprise management, establishing new frameworks for governance, asset management, and dissolution. The regulation clarifies the roles of key oversight bodies and introduces regulatory protection for directors implementing qualifying loss limitation measures. How will these changes reshape corporate governance and risk management practices across Indonesia's SOE sector?

The Government of Indonesia recently issued Government Regulation No. 23 of 2022, which amended Government Regulation No. 45 of 2005 on Establishment, Management, ...